1. miguel is playing a game in which a box contains four chips with numbers written on them. two
of the chips have the number1, one chip has the number 3, and the other chip has the number
5. miguel must choose two chips, and if both chips have the same number, he wins $2. if the
two chips he chooses have different numbers, he loses $1 (-$1).
a. let x = the amount of money miguel will receive or owe. fill out the missing values in
the table. (hint: the total possible outcomes are six because there are four chips and
you are choosing two of them.)
p(x)
b. what is miguel's expected value from playing the game?